CORONAVIRUS cases in Germany have almost trebled in the past 24 hours sparking fears of a second wave of COVID-19 infections.

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Health authorities in Germany have reported more than 900 new cases of the deadly coronavirus less than a week after lockdown restrictions were relaxed by German Chancellor Angela Merkel. The Robert Koch Institute for public health and disease control has reported 933 new COVID-19 infections on Tuesday – an increase from just 357 on Monday.

Production re-started at German car manufacturer Porsche after a temporary lockdown (Image: GETTY)

Coronavirus cases around the world (Image: EXPRESS)

Gyms are now open in Germany following lockdown restrictions being lifted (Image: REUTERS)

Ms Merkel said: “It's very important to me to again draw attention to the fact that we're entering a new phase of the pandemic.

“That it will now be necessary, with all the easing of measures, to be sure that people stick to the basic rules i.e. keeping their distance, wearing mouth and nose protection and showing consideration for each other.”

German state-owned bank FfW predicts economic output in Germany will decline by up to 25 percent following the COVID-19 outbreak.

The banking group forecast the pandemic will cost the German economy up to 300 billion euros.